Golden Star Resources (TSE:GSC) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Golden Star Resources Ltd. (TSE:GSCGet Free Report) (NYSE:GSS) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$4.99. Golden Star Resources shares last traded at C$4.96, with a volume of 124,733 shares trading hands.

Golden Star Resources Price Performance

The company has a current ratio of 1.44, a quick ratio of 0.87 and a debt-to-equity ratio of 370.50. The firm has a 50 day simple moving average of C$4.96. The company has a market cap of C$574.00 million and a price-to-earnings ratio of -49.11.

About Golden Star Resources

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Golden Star Resources Ltd. operates as a gold mining and exploration company. The company owns and operates the Wassa open-pit gold mine, the Wassa underground mine, and a carbon-in-leach processing plant located to the northeast of the town of Tarkwa, Ghana; and the Bogoso gold mining and processing operation, the Prestea open-pit mining operations, and the Prestea underground mine located near the town of Prestea, Ghana.

Further Reading

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